India’s cabinet has approved a proposal to purchase $4 billion worth of military aircraft from Chicago-based Boeing Co.According to an official from India’s defense ministry, the country plans to buy ten C-17 aircraft, a large combat plane used to move troops and cargo internationally.

It’s been a while since Indiana reported revenues exceeding projections, but that’s what happened in May.Indiana’s State Budget Agency reported today that the state took in $1.2 billion, roughly $151 million more than forecasters projected.The increase covers a nearly $90 million revenue shortfall i

There's a lot of excitement surrounding Groupon's decision to sell shares to the public. Morningstar IPO Strategist Bill Buhr says there will definitely be buyers, but he's concerned about how long the excitement will last."

While many states struggle to fill budget gaps, the state of Indiana took in $150 million more than expected during the month of May. State officials reported Friday that sales tax collections were $28 million above May collections last year.